Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

Ashdown Group: Marketing Manager/Marketing Controller (Financial Services)

£70000 - £75000 per annum + benefits: Ashdown Group: Marketing Manager/Marketi...

Recruitment Genius: Account Manager

£20000 - £35000 per annum: Recruitment Genius: This full service social media ...

Recruitment Genius: Data Analyst - Online Marketing

£24000 - £35000 per annum: Recruitment Genius: We are 'Changemakers in retail'...

Austen Lloyd: Senior Residential Conveyancer

Very Competitive: Austen Lloyd: Senior Conveyancer - South West We are see...

The Business Matrix: Tuesday 25 June 2013

Boris rings the bell for Lloyd’s

The Mayor of London, Boris Johnson, yesterday celebrated the contribution that the Lloyd’s of London insurance market makes to the British economy as he addressed its Underwriting Room. The market, the biggest in Europe, employs 50,000 of the 320,000 people in the UK insurance sector and has revenues of £26bn a year.

New Dreamliner hitch for Boeing

Boeing’s Dreamliner woes continued yesterday when, less than a week after a 787 was forced to land due to an engine problem, a second jet had to be diverted because of a mechanical glitch. The Dreamliner returned to the skies only last month after the entire fleet was grounded for four months over battery problems and safety fears.

Hopes for end of euro recession

Expectations that the eurozone may pull out of its lingering recession were boosted yesterday when German business morale rose for the second month in a row. The IFO business-climate index, which surveys 7,000 companies in Europe’s largest economy, rose from 105.7 to 105.9, suggesting stronger growth in the second half.

Henderson links with US giant

Henderson has struck a deal to create a £13bn property fund after joining forces with a larger transatlantic rival. The fund manager is spinning off £11bn of European and Asian property from its Global Real Estate division into a new joint venture with TIAA-CREF, a Fortune 100 company whose roots go back to 1918.

Citigroup to open first office in Iraq

The US bank Citigroup is to open an office in Baghdad. The British bank Standard Chartered is also making a push in Iraq with plans to open branches in three cities. Iraq has struggled to attract interest from Western companies outside of the oil sector in the 10 years since Saddam Hussein was toppled. ap

Stanlow boosts Essar’s results

Improved margins at Stanlow, Britain’s second-biggest oil refinery, helped Essar Energy to beat City expectations with underlying earnings of $1.3bn for the year. The London-listed power arm of Indian conglomerate Essar Group said its improved performance was down to higher margins at the refinery.

Funding costs will drop, says BofE

Britain’s banks and building societies expect funding costs to fall further over the coming three months, a Bank of England survey showed. It also found lenders expected to raise capital levels in that time, though their demand for them was weakening due to a better economic outlook.

Cost-cutting helps Cohort

Technology firm Cohort, which supplies the defence and security markets and employs 500 staff at sites including in Berkshire and Bristol, has posted a 6 per cent drop in full-year revenues to £70.9m but achieved a record trading profit of £7.3m due to improved efficiency.

Balfour secures Hong Kong deal

The infrastructure group Balfour Beatty said that Gammon Construction, a Hong Kong company in which it has a 50 per cent stake, won a £720m contract to design and build a major strategic road – the business’s largest solo civil-engineering contract.

Segro in talks over EU logistics move

The warehouse and industrial-property owner Segro is in advanced discussions with a Canadian pension fund over a deal that will contribute the bulk of its continental European logistics portfolio to a joint venture. It would retain a 50 per cent stake.

Latest stories from i100
Career Services

Day In a Page

A Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
Veterans' hostel 'overwhelmed by kindness' for festive dinner

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all